A bit odd for the back of a school busOk-disaster2022 t1_iyaatt2 wrote
Reply to comment by The_Countess in A bit odd for the back of a school bus by Type31
The UK government when they freed the slaves in the UK paid for them all with a massive loan. They didn't make the final payment on that debt until 1991.
It's also worth pointing out, government debt can be seen as a positive economic tool. Governments issue bonds that are highly secure but low yield investments.
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